Kier Group cut the aggregate deficit of its defined benefit (DB) schemes by £43m over 2016, according to its latest annual results.
Across the schemes, the deficit figure stood at £67.8m on the IAS 19 accounting measure on 31 December 2016, compared to £110.5m at the end of 2015. Combined assets totalled £1.65bn, plus £14m of deferred...
A panel at this year's Trustee Senate discussed strains in the DB system and what can be done about them. Michael Klimes reports
The pension freedoms have had unintended consequences which should have been foreseen, Michael Johnson has said.
Respondents say there has been some success with automatic enrolment (AE) but members are still not saving enough.
This week's top stories include The Pensions Regulator barring three trusteeships, and the Competition and Markets Authority's investigation of investment consultants and fiduciary managers.